The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1887-08-04
PUBLIC DEBV INTEREST
Due ON September lst-sedrctary
Fatrcbiid's Circular.

WASHINGTON, August 3.-Seoretary
Fairchild issued o circulsr today, Of
which the following are the esser-
tial features: By virtue Of authority
contained in section 369s, Revised
Statutes OF the United States, notice Is
hereby given that the interest due on
September lst aud December /, 1887,
on Al per cent. bonds; Oot1ber l.,
1887, and January 1, 1888, on per
cent. bonds, and Janu ry l, 1888. on
bonds issued in aid OF the Pacific rail-
roads, to be prepaid on and sitter An.
gust is. 1887, with rebate at the rate OF
per cent. per annum on amounts
OF prepaid coupons, due on the above
specified dates, may be presented for
payment at the Treasury Of
the United States, at Wash.
o. sny Assistant Treasurer Of the
United States. Notice is also given
that In pursuance OF the provisions In
section 1894 Of the revised statutes
about proposals for sale to the Govern.
ment Of the United States OF four and
Q half per cent. bonds Of 1891, acts Of
July IA, 1870. and January 20, 1871, to
be applied TO the sinking fund, be re.
c.ived aud opened at the Off Q OF the
Secretary Of the Treasury at Washing.
ton at noon Wednesday, August 10,
1887, aud each Wednesday thereafter
until further notice. Secretary Fair.
child said this afternoon, In explains
ton OF his action, that he did
1t simply because he regarded
II ss the best thing that could be done
under the circumstances. The pur.
chase of the bonds, he said, for the
purpose Of providing q sinking fund
and In anticipation Of interest Tor the
purpose Of getting rid OF the surplus
The latter operation, he said, WAS only
what every good buoiness man world
do TO discount his obligations. The
anticipation Of interest Is one OF the
means given to the Secretary OF the
Treasury for disposing OF surplus
funds, and he regarded II as cheapest
and most advantageous. The interest
covered by circular amounts 10 f22,.
3l9,76i. II Is impossible just now 10
state exact amount.
HOT SPRINGS RESERVATION.
Charles W. Field, superintendent
of the Hot Springs reservation, In
Arkansas, In bis annual report 10 the
Secretary Of the Interior, states that
satisfactory progress has been made
during the year In the matter OF i'm.
provements, and that the number OF
visitors TO the Springs during the last
year was largely In excess OF the year
before. Mr.. Field has great and In
creasing faith In the curative proper
ties OF the water, and renews his
recommendation OF last year that
Congress be asked TO appropriate
$3l 900 TO build two additional reser.
voirs with necessary equipments for
saving and distributing large quaint.
ties OF water now going to waste. Hs
also asks for an appro priation Of 5000
with which TO replace the old bath
house with another with larger and
better pools and rooms.
THE DEPARTMENT OF JusriCE
Attorney General Garland has sub
mitted 10 the Secretary Of the Trt,sury
estimates OF appropriations for II.
psrses OF the department Of Just q
and courts OF the Uni,ed Stat 9 sor
the fiscal year ending June 81 1883
They are somewhat greater than the
appropriations for tho current fsohl
year, but are about the rame as the
estimates submitted 10 Congress lasl
year. The estimates are as follows
For salaries department Of jusice,
slb9. go; coniirgent xpsnsee. On, 400
prosecution ot crimes, 5000, de-
lending suits sgalnst the United s.stss,
including the French spollatior claims,
$1,000; Territorial couris In Utah.
$500; expenses Of United States
courts, msrshals 1915, COOS attorneys
100000; aetiBeant attorneys fl60, 600 F;
clerks OF courts $4,000; commits.
sionss $40 900: witnesses $4,000 !;
jurors $3.50 900 support OF p,i,oners
100000; rent OF court rooms f7b, 900
bailige, criers, ETC., 500 900; miscen.
lansous expenses s2li,4C0; the eeti.
mates for talsrlts Of assistans "a
district attorneys are $4,000 more
than the appropriation fJr the present
year. The estimates for slAries shox
the following chargae: bolieitOr oI
internal revenues $1,000, IN increate
Of 500; examiner Of claims depart
ment oi State $4,000, an increase oI
$500; Law clerk and examiner Of titles
1000, an increase Of $500: eI assist.
ant attorneys q 1900 -s24, 900. an In.
crease Of 1900. Two additional clerk
at tl400 and $500 are also included